• Ephera@lemmy.ml
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    2 days ago

    Well, this news is about their valuation, i.e. their stock price, which is only partially tied to their profitability. If there’s bad news about their consumer cards, that could still lead to people selling their stock, because they expect other people to sell their stock, too. If you’re the first to sell, you still get a relatively good price compared to everyone else.